Post
Topic
Board Economics
Re: Passive Income
by
Mento
on 08/11/2016, 18:52:32 UTC
I don't have  any  investments  or   things  which  give me passive  income  but  im  really trying  hard to  make  one  but as we all know  its  not an easy thing to  do  because you  would really need  hard work and  money  in able  to attain it. Passive in come means   you earn  profits  without doing anything  which is a really a good thing.

Many consider trust trading as a passive income. At the forum, there are several proposals for the organization of such services. Maybe you heard about it https://bitcointalk.org/index.php?topic=1432889.0

that topic you posted here is in Russian and believe it or not we don't speak Russian so maybe you could fill us in about what the heck it is all about.

although using google translate it seems like it is trading one particular altcoin and it is either a lending topic or it looks like an attempt to hype it up for a pump attempt to me! from what i have read using translator!

For anyone interested, that thread is essentially about managing an investor's money and earning for them through trading. Personally, I wouldn't trust these so-called "trusted traders" with my money. Such things usually end up in an outright scam sooner or later. Why would anyone want to share their profits if they could just borrow funds in a bank at a substantially lower interest?

If the bank doesn't trust them, why should we?

It makes no sense to convince anyone. This option is offered for discussion. There are some community guarantees in each case. I just see it as a variant of passive income. This is not a guide to action. Especially Russian traders are not yet ready to offer something for the English community in connection with the language problems.